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At White House, Reid, Pelosi Push Debt Plan With $2.5T in Cuts (Details of Boehner call also)
National Journal ^ | 7/24/11 | JIm O'Sullivan

Posted on 07/24/2011 4:39:24 PM PDT by jimbo123

President Obama and congressional leaders negotiated into the evening on Sunday over an elusive deal to lift the nation’s debt limit, increasing the prospect of economic jitters as markets opened in Asia and across the globe without an agreement.

-snip-

n the conference call, Boehner asked for support. He said compromises were necessary, but he promised to use the “Cut, Cap, and Balance” amendment as a basis for any compromise, according to a source familiar with the call. Majority Leader Eric Cantor, R-Va., seen as playing a key role in reining in Boehner from earlier overtures toward a “grand bargain” with Obama, told members that Republicans were scrutinizing dollar-for-dollar cuts for future action.

(Excerpt) Read more at nationaljournal.com ...


TOPICS: News/Current Events
KEYWORDS: boehner; cantor; debtceiling; debtlimit; default; grandbargain; obama; pelosi; reid
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1 posted on 07/24/2011 4:39:29 PM PDT by jimbo123
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To: jimbo123
Republicans were scrutinizing dollar-for-dollar cuts for future action.

Well, at least SOMEBODY is!

They STILL need to get massive cuts up front however.

2 posted on 07/24/2011 4:42:19 PM PDT by EGPWS (Trust in God, question everyone else)
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To: jimbo123

http://www.nooooooooooooooo.com/


3 posted on 07/24/2011 4:42:36 PM PDT by neodad (Don't Tap, Just Drill!)
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To: jimbo123

No!

Call the AnointedIdiot’s bluff and force him and the Dems to veto a short term extension. Keep this national debt and default issue hanging around the AnointedIdiot and the Dem’s neck like a frakin’ oversized neon blinking sign.=.=


4 posted on 07/24/2011 4:42:58 PM PDT by cranked
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To: jimbo123

I have a hard time believing the unholy Triumvirate of liberal leaders came up with a plan cutting anything with no taxes hikes.


5 posted on 07/24/2011 4:44:21 PM PDT by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: jimbo123

Pelosi just can’t give up the power, the psycho witch


6 posted on 07/24/2011 4:44:21 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: jimbo123
Why do I get the feeling we can trust Boner and the GOP "Leadership" about as much as we can trust the marxists?

NO NEW TAXES.

CUT SPENDING

HOLD WASHINGTONIANS TO THE SAME REGULATORY SCHEME AND CRIMINAL CODE AS THE PRIVATE SECTOR.

ARREST AND JAIL ALL MARXIST CRIMINALS IN DC

Pretty simple logic.

7 posted on 07/24/2011 4:46:04 PM PDT by Rome2000 (OBAMA IS A COMMUNIST CRYPTO-MUSLIM)
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To: jimbo123

This is all smoke and mirrors. The “spending cuts” will be backended like crazy. We’ll all be dead by the time they are supposed to take effect.


8 posted on 07/24/2011 4:48:28 PM PDT by Former Proud Canadian (We .. have a purpose .. no longer to please every dictator with a vote at the UN. PM Harper)
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To: jimbo123

Bohner is bringing back Cut, Cap and Balance. State houses should start holding some sort of pre vote, how they will vote if Balanced Budget Amendment passes the Senate. We got a lot of Republican Governors and control of state houses. We need to push this thing.


9 posted on 07/24/2011 4:48:44 PM PDT by sportutegrl
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To: jimbo123

Cuts in the future is BS. Cuts have to be made now!


10 posted on 07/24/2011 4:48:50 PM PDT by doc
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To: jimbo123

Defund ObamaCare? Defund Dept of Education? Defund Department of Energy? Defund the long list of Soetoro Czars?


11 posted on 07/24/2011 4:54:36 PM PDT by SERKIT ("Blazing Saddles" explains it all......)
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To: doc

1000000%


12 posted on 07/24/2011 4:55:09 PM PDT by God luvs America (63.5million pay no federal income tax then vote demoKrat)
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To: God luvs America

Looks like Cantor is the one with the power. Hang in there, Eric! obama said to call his bluff. I think they all just admitted they were, in fact, bluffing.

They want the markets to tank. But it ain’t happening.


13 posted on 07/24/2011 4:57:51 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: jimbo123
Promises to cut spending, made by deficit spending junkies, are meaningless.

No budget has been passed, so allow no spending except for current obligations.

Cut $2Tril from next years budget. Promises of future cuts are phony. It's a new Congress and a new deal.

Watch the junkies break into a cold withdrawal sweat and bang their heads against the wall.

14 posted on 07/24/2011 4:58:46 PM PDT by YHAOS (you betcha!)
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To: EGPWS

It’s a trick !


15 posted on 07/24/2011 5:03:59 PM PDT by molson209
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To: sportutegrl

Yes, CCB is the best way forward. I am repeating another FReeper here, but I agree:

Reid can’t hold his majority - so he is conceding just enough to get Beohner to bite. But if/when push comes to shove and the Senate votes, our side will have the majority.

23/33 up in 2012 are dems.

Keep pushing Mr. Speaker - out year cuts don’t happen. See history w/ Reagan, Bush 41 and Bush 43. Save the country sir.


16 posted on 07/24/2011 5:05:45 PM PDT by Principled
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To: SERKIT
Defund ObamaCare? Defund Dept of Education? Defund Department of Energy? Defund the long list of Soetoro Czars?

That will be in next year's budget. AFTER a bill is passed as to what is funded in the event of a shutdown.

17 posted on 07/24/2011 5:06:46 PM PDT by Principled
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To: Tzimisce

Doesn’t Obamacare already saddle us with billions of dollars in new taxes starting in 2013?


18 posted on 07/24/2011 5:08:56 PM PDT by csmusaret (If abortion is a choice, let the fetus decide.)
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To: csmusaret
Yes it does.

I argue with libs all the time, telling them that Obama has saddled us with a massive tax increase the increases just haven't kicked in yet.
19 posted on 07/24/2011 5:16:43 PM PDT by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: Tzimisce

Then it is kind of sneaky for Reid to say he is offering 2.5 trillion in cuts with no new taxes. Hell, the new taxes are already baked into the cake.


20 posted on 07/24/2011 5:18:53 PM PDT by csmusaret (If abortion is a choice, let the fetus decide.)
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